Common Units definition

Common Units is defined in the Partnership Agreement.
Common Units means common units representing limited partner interests in the Partnership.
Common Units has the meaning set forth in the recitals.

Examples of Common Units in a sentence

  • All such Company Common Units, when so converted pursuant to this Section 3.2(a), shall automatically be cancelled and cease to exist.

  • The Manager also shall be deemed to have contributed an amount equal to the Corporation Transaction Costs to the Company in exchange for newly issued Common Units.

  • The Net Losses that would, absent the application of the preceding sentence, otherwise be allocated to such Member shall be allocated to the other Members in accordance with their relative Percentage Interests of Common Units, subject to this Section 5.03(d).

  • The Company may reissue any Common Units that have been repurchased or acquired by the Company; provided, that any such issuance, and the admission of any Person as a Member in connection therewith, is otherwise made in accordance with the provisions of this Agreement.

  • Upon such contribution, the Company will issue to the Corporation a number of Common Units equal to the number of new shares of Class A Common Stock so issued.


More Definitions of Common Units

Common Units has the meaning set forth in the LLC Agreement.
Common Units means the Class A Units.
Common Units means Units having the rights and obligations of Common Units set forth in the LLC Agreement.
Common Units has the meaning set forth in the recitals of this Agreement.
Common Units has the meaning set forth in Section 3.1(a).
Common Units means each Common Unit consisting of (a) one Share and (b) a Common Warrant to purchase one Common Warrant Share.
Common Units shall have the meaning assigned to it in the Operating Agreement and includes any equity securities issued or issuable directly or indirectly with respect to such Common Units by way of any dividend or split or exchange or in connection with a combination of units, recapitalization, merger, consolidation or other reorganization.